Cryptocurrency Market Update: Despite a slight increase in the total cryptocurrency market cap from $1.44T to $1.45T in the past 24 hours, the overall market sentiment remains pessimistic. Bitcoin's price is currently at $37,807 after a 1.04% gain, but our forecast predicts a drop to $36,895 by November 30, 2023. Ethereum, the second-largest cryptocurrency by market cap, increased by 0.61% in the last 24 hours, but the future remains uncertain.
Bears continue to dominate the market, with 76% of coins losing value in the past day. Today's top gainers include Ethereum PoW, Sei, and Mina Protocol, while the worst performers are Uquid Coin, Gas, and Fetch.ai. Bittensor reached a new all-time high, but overall market trends suggest caution for investors.